Income tax, state; rent reductions tax credit. (HB1568)

Introduced By

Progress

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Introduced

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Passed Committee

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Passed House

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Passed Senate

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Signed by Governor

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Became Law

Description

Income tax; rent reductions tax credit. Removes the January 1, 2010, sunset date and allows the VHDA to approve an additional $100,000 in credits, for a total of $150,000, for rental fees that are reduced by 50% or more. Amends § 58.1-339.9, of the Code of Virginia.Read the Bill »